Daily review of epichlorohydrin: pressure still exists

[China Epoxy Network (China Epoxy Industry Online)News on June 29, 2012: The domestic market for epichlorohydrin is weakly negotiated and the atmosphere is relatively weak.
On the last trading day (June 28, 2012), the mainstream transaction price in East China in the mainstream market began to maintain the range of 10,100 to 10,300 yuan/ton.
The market experts of China Epoxy.
com (China Epoxy Industry Online)said that the spot market fluctuated at a low level on that day, and the main manufacturers continued to make up for the decline and fell 100 days in a row.
There was a serious lack of trading confidence and a large number of terminals.
With delisting and wait-and-see, related products are also sluggish, the industry chain is missing, inertial downward pressure still exists, current negotiations are slightly messy, downstream demand is sluggish, buying is missing, downward flow is blocked, and prices are unlikely to stop falling.
Epichlorohydrin continues to be weak in external markets, and trading in Northeast Asia is flat, and trading volume can be slightly higher than before.
The raw material propylene rebounds and the cost slightly increases.
The seller's cost pressure and the offer is biased towards US$1,900/ton CFR.
Buyers respond to this.
The resistance is high, and no transaction has been heard at this price; some cargoes traded at US$1,800/ton CFR in June, the quantities were 100 tons, 300 tons and 400 tons, respectively.
Domestic epichlorohydrin market regional quotation: the mainstream price in East China is 103-10500 yuan/ton, the low-end price is reduced by 200 yuan/ton, the mainstream transaction price is 10100-10300 yuan/ton; the mainstream in Huangshan area is 10500-10600 yuan/ton, mainstream The transaction price is 10,400 to 10,500 yuan per ton; the mainstream price in North China is 10,200 to 10,300 yuan/ton, down by 100 yuan/ton, and the mainstream transaction price is 9900 to 10,200 yuan/ton; the mainstream quotation in South China is 10,500 to 10,600 yuan/ton, and the low end is down 100 yuan.
Yuan/ton, the mainstream transaction price is 10200~10500 Yuan/ton.

    On the trading day (June 28, 2012), the epichlorohydrin raw material market both rose and cost risks, (omitted, see the full version for details).

    On the trading day (June 28, 2012), epichlorohydrin manufacturers offered low-dimensional offers and temporarily stabilized.